USA REAL ESTATE HOLDING COMPANY ACQUIRES GREEN PHARMA COLOMBIA S.A.
October 15 2018 - 9:51AM
InvestorsHub NewsWire
USA REAL ESTATE HOLDING
COMPANY ACQUIRES GREEN PHARMA COLOMBIA S.A.
TORONTO,
ON -- October 15, 2018 --
InvestorsHub NewsWire -- USA Real Estate
Holding Company (OTC PINK: USTC), a
diversified public holding company, announced today that it has
entered into Letter of Intent Agreement to acquire Green Pharma
Colombia in an all stock transaction. The amount of shares will be
determined upon the signing of the definitive
agreement.
The
company Green Pharma Colombia S.A. is dedicated to the cultivation
and
extraction of cannabis oil, as well as the
production of tinctures, creams and beauty products (shampoo,
creams for skin relief) with different concentrations of CBD and
THC. The company only grows the best strains with the highest
quality standards, which assures us to be as consistent as possible
from batch to batch in order to produce replicable results for
patients.
“We’re
pleased to announce this acquisition as the Company is seeking out
opportunities in the medical cannabis and CBD sectors. The global
legal cannabis market is expected to reach USD 146.4 billion by end
of 2025” stated by
Sabahat
Ullah, Director of
USTC.
He
further added, “We have decided to hold off on the launch of our
crypto currency mining operations and Digital Asset Exchange
platform until the Company register with the SEC and meet the
standards of an SEC-registered national securities exchange.
Nevertheless we are focused on the building our asset base and
excited about the unique opportunities the legal Cannabis market
presents at this time”.
About Green Pharma
Colombia:
The
company Green Pharma Colombia S.A. is dedicated to the cultivation
and
extraction of cannabis oil, as well as the
production of tinctures, creams and beauty products (shampoo,
creams for skin relief) with different concentrations of CBD and
THC. The company only grows the best strains with the highest
quality standards, which assures us to be as consistent as possible
from batch to batch in order to produce replicable results for
patients.
For more
information visit:
www.pharmagreen.co
About USA Real Estate
Holding Company:
USA Real Estate Holding
Company (OTC PINK: USTC) is a public holding company that is
motivated in expanding its asset & revenue base through
acquisition for the purpose of increasing shareholder value by
diversifying as a multi-faceted Company. For more information
visit: www.usarealesatetholding.com
FORWARD-LOOKING
STATEMENTS:
This press release includes
various "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, which represent
the Company's expectations or beliefs concerning future events.
Statements containing expressions such as "believes,"
"anticipates," "intends," or "expects," used in the Company's press
releases and in Disclosure Statements and Reports filed with the
Over the Counter Markets through the OTC Disclosure and News
Service are intended to identify forward-looking statements. All
forward-looking statements involve risks and uncertainties.
Although the Company believes its expectations are based upon
reasonable assumptions within the bounds of its knowledge of its
business and operations, there can be no assurances that actual
results will not differ materially from expected results. The
Company cautions that these and similar statements included in this
report are further qualified by important factors that could cause
actual results to differ materially from those in the
forward-looking statements. Readers are cautioned not to place
undue reliance on forward-looking statements, which speak only as
of the date thereof.
For further
information contact:
Public
Relations
Email: info@usarealestateholding.com
SOURCE: USA Real
Estate Holding Company
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